The Banking command center enables you to complete all the main tasks related to spending and receiving money. This includes recording Spend Money and Receive Money transactions, printing checks, reconciling your accounts, preparing electronic payments, printing receipts and preparing bank deposits.
As with any command center, you can also click To Do List to display business tasks that affect your company on a regular basis, click
Find Transactions to view summary information about transactions, click
Reports to print or view reports, and click
Analysis to analyze aspects of your business.
Click to open the Bank Register window, where you can enter checks, deposits, payments to vendors, payments from customers, and sales and purchases. You can also view a transaction history for any of your bank accounts for a selected date range and access the transaction source windows.
Click to open the Spend Money window, where you record payment transactions that are not related to purchases, for example, insurance payments or equipment rental. You can also use the
Spend Money window to set up recurring Spend Money transactions such as monthly rent or car payments.
Prepare Electronic Payments This option is available only if you subscribe to the Business Services for Direct Deposit and Vendor Payments. For more information on these services, see Set up Business Services.
If you do subscribe to these services, the Prepare Electronic Payments option allows you to open the Prepare Electronic Payments window, where you can create a bank file containing electronic payments you’ve recorded. Once the file has been created, you can send it electronically.
Click to print the checks you’ve recorded in the Spend Money,
Settle Returns & Credits and
Pay Bills windows, as well as paychecks created using the Process Payroll Assistant. From this window, you can customize and format the printed checks to suit your business needs.
Print/Email Payment Notifications Click to print or email Payment Notifications to advise vendors that you have made a payment.
Click to open the Reconcile Accounts window, where you can check that the balances of the accounts in your company file match the balances on your bank statements. You can also verify whether balances of credit cards and loans are correct.
Click to open the Receive Money window, where you can record the receipt of money that is not payment for a sale, for example, bank interest or adjustments.
Print ReceiptsClick to open the Review Receipts Before Printing window, where you can print payment receipts for customers.
Click to open the Prepare Bank Deposit window, where you can record deposits of grouped undeposited funds into your checking accounts.
Click to open the Transaction Journal window, where you can view information about all transactions you’ve entered in your company file, for all journals. You can also search for a transaction and view it in the original transaction window.
Click to open the To Do List window, where you can view a list of tasks that need to be performed regularly, such as recording recurring transactions. You can also use the To Do List to automatically perform tasks, such as creating a purchase when an item’s quantity becomes low.
The To Do List window automatically displays tasks related to the current command center. If you want to display a different type of task, click the down arrow and select the required task from the list that appears.
Click to open the
Find Transactions window, where you can view summary information about accounts, invoices, bills, cards, items, payroll and jobs. You can click a zoom arrow in this window to display the original transaction details.
The Find Transactions window automatically displays the transaction type related to the current command center. If you want to display a different type of transaction, click the search arrow and select the required transaction type from the list that appears.
Click to open the Index to Reports window, where you can prepare, print and customize your reports or export them to Microsoft Excel using the OfficeLink feature.
The Index to Reports window automatically displays reports related to the current command center. If you want to display a different type of report, click the search arrow and select the required transaction type from the list that appears.
Click to open windows that allow you to analyze the key aspects of your business. For example, you can analyze sales and profitability trends, estimate short-term cash needs, see who owes you money and chart your progress on jobs. Many Analyze windows display your company's information in table or graph form.
When you click Analysis, a window appears displaying an analysis of information related to the current command center. If you want to display a different type of analysis, click the search arrow and select the required analysis from the list that appears.
